HDF Energy and Tripatra Engineering Sign MoU for Hydrogen-Electricity Projects in Indonesia
Jakarta – PT Tripatra Engineering, one of Indonesia’s leading providers of engineering solutions in the energy and petrochemical sector, has signed a Memorandum of Understanding with PT HDF Energy Indonesia, the subsidiary the Indonesian company of hydrogen power plant pioneer HDF Energy.
The objective of this Memorandum of Understanding is to cooperate in the development of HyPower (hydrogen-electricity) infrastructure, in order to contribute to the decarbonization of the chemical industry in Indonesia. The signing of the memorandum of understanding was announced during the “Tripatra Energy Talk” event held on March 21 in Jakarta and attended by representatives of ministries, as well as public and private companies invited.
In recent years, Indonesia’s chemical sector has grown rapidly due to the wealth of the country’s natural resources (oil, natural gas, etc.) and strong demand from industrialists. This is an opportunity for national chemical players to expand their market while contributing to the government’s objective of decarbonizing the industrial sector. The country plans to launch more than 20 new chemical projects by 2025.
PT HDF Energy Indonesia, as an expert and developer of hydrogen power plants, and PT Tripatra, with its extensive engineering experience in the energy and petrochemical sector, have joined forces to examine these new opportunities for market and collaborate in the implementation of HyPower plants in the country. HDF’s HyPower plants are multi-megawatt plants producing clean electricity on demand from carbon-free hydrogen from non-upgraded hydrogen-emitting industries.
HDF Indonesia’s ambition to develop high-power hydrogen power plants, containing HDF-produced fuel cells, is in line with Tripatra’s goal of accelerating project development in green energy sectors and petrochemicals, including the exploitation of hydrogen applications. These plants will contribute to the country’s net zero emissions goal and pave the way for other hydrogen infrastructure projects. The signing of this memorandum of understanding strengthens the strategic position of HDF Energy in Indonesia. As a reminder, in October 2022 the Company signed a partnership with the Center for Studies and Testing of the Indonesian Ministry of Energy and Mineral Resources in order to develop HDF Renewstable ® hydrogen power plants in Indonesia. A month later, during the G20 summit in Indonesia, DFC (US International Development Finance Corporation) announced technical assistance to HDF, as part of a strategic partnership comprising 13 initiatives between the United States and Indonesia to tackling the climate crisis and promoting access to affordable food and energy.
The MoU was announced at the “Tripatra Energy Talk” event on March 21 and was signed by Raymond Naldi Rasfuldi, Chairman and CEO of PT Tripatra Engineering, and Mathieu Geze, Director of PT HDF Energy Indonesia.
Mr. Geze, Director of PT HDF Energy Indonesia, said, “ Our collaboration with Tripatra Engineering is a first step in realizing our HyPower projects in the chemical industry sector. Tripatra Engineering has 50 years of experience in the energy value chain in Indonesia. Our collaboration could pave the way for new applications in industry and help Indonesia become a leader in green hydrogen projects in Asia. »
Mr. Raymond Naldi Rasfuldi, Chairman and CEO of PT Tripatra Engineering, added: “The signing of the memorandum of understanding with HDF Energy Indonesia, a major global player in hydrogen-electricity infrastructure, is a key step in our plan to implement places sustainable engineering solutions to transform the energy and petrochemical sector. It is a pleasure for Tripatra to collaborate with HDF. HDF and Tripatra have unique strengths in promoting hydrogen applications in industry to contribute to the country’s net zero emissions targets by 2060.”
ABOUT HYDROGEN DE FRANCE (HDF Energy)
HDF Energy is a global pioneer in high power hydrogen power plants. The Company designs and develops power plants that produce non-intermittent, non-polluting renewable energy, day and night. In addition, HDF Energy organises, through dedicated project companies, their financing, construction and operation.
HDF Energy is also an industrial company which will mass-produce, from 2024, in its factory near Bordeaux, the most strategic component of its power plants: high-power fuel cells. Thanks to this industrial activity, HDF Energy, a major player in the production of electricity for networks, is also becoming a player in heavy, maritime and rail mobility. The company develops, with strategic partners, hydrogen freight locomotive projects as well as large ship propulsion projects and their auxiliary energy generation.
Present on five continents, HDF Energy is developing a business portfolio of more than 5 billion euros to date.
HDF Energy is listed on Compartment B of Euronext, a member of the “Euronext Tech Leaders” segment. www.hdf-energy.